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How To Map Cryptoworth's Native General Ledger

Cryptoworth offers a Native General Ledger feature for users who do not connect to external accounting software like QuickBooks or Xero.

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Written by Richard Pasquin
Updated yesterday

This allows you to generate journal entries, manage a Chart of Accounts (CoA), and produce financial reports directly within the platform.

1. Enable the General Ledger Feature

First, ensure the native GL functionality is active for your entity.

  1. Navigate to More Options in the side panel.

  2. Select Entity Settings.

  3. Locate the General Ledger feature toggle and ensure it is enabled.

2. Configure Your Account Mapping

Once enabled, you need to tell Cryptoworth how to categorize your crypto activity into accounting buckets.

  1. Go to More Options > Chart of Accounts.

  2. Click on the Classification Mappings tab.

    • Note: This tab replaces the standard "ERP Mapping" view you would see if an external integration were connected.

You have three levels of granularity to map your accounts.

  1. Global

  2. Asset

  3. Connection

Start with the Global Level to ensure coverage.

Global Level Mapping

This assigns a catch-all GL account for core transaction types.

  • Default Asset Account: Map to your primary "Digital Assets" or "Crypto Holdings" account.

  • Gain/Loss Account: Map to "Realized Gain/Loss."

  • Fee Account: Map to "Network Fees" or "Transaction Expenses."

  • Bank Account: Map to your default fiat or stablecoin settlement account.

Asset & Connection Level Mapping

For more detail, use the other tabs:

  • Asset Level: Map specific tokens (e.g., BTC, ETH) to their own dedicated GL accounts (e.g., "Bitcoin Holdings," "Ethereum Holdings").​

  • Connection Level: Map specific wallets or exchanges to unique accounts (e.g., "Metamask Treasury," "Coinbase Custody").​

4. Generate and View Journals

After mapping is complete, Cryptoworth automatically creates double-entry records for your classified transactions.

  1. Classify your transactions in the Transactions page using your native Chart of Accounts tags.

  2. Navigate to the Journals tab to view the auto-generated debits and credits.

  3. Go to the Reports page and look for the General Accounting section. Here, you can download reports like the Trial Balance or Journal Summary by GL Account based entirely on your native data.



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